BARFRESH FOOD GROUP INC. (BRFH): Nasdaq/NYSE listing notice — Barfresh Food Group gets Nasdaq extension to Oct 30, 2023 to meet $2.5M equity rule

BARFRESH FOOD GROUP INC.

Nasdaq granted 180-day extension until October 30, 2023 to regain compliance with Listing Rule 5550(b).
As of March 31, 2023, stockholders' equity was $1,845,000, below the $2,500,000 minimum required.
Company's compliance plan was accepted by Nasdaq; no immediate effect on listing.
If not compliant by October 30, 2023, Nasdaq will issue a delisting notice; company may appeal.
Company intends to take all reasonable measures to regain compliance and remain listed.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

BARFRESH FOOD GROUP INC. received a nasdaq extension granted notice regarding stockholders equity (rules 5550(b)).

Exchange: nasdaq
Notice: extension granted
Deficiency: stockholders equity
Rules: 5550(b)

Exact text from the filing

June 14, 2023, Barfresh Food Group Inc. (the “Company”) received a letter (the “Extension Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that Nasdaq has granted the Company a 180-day extension, until October 30, 2023 (the “Extension Period”), to regain compliance with the Listing Rule 5550(b) (the “Rule”), which requires a minimum $2,500,000 stockholders’ equity, $35,000,000 market value of listed securities, or $500,000 net income from continuing operations. The Extension Notice has no immediate effect on the continued listing s

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Source: SEC EDGAR

accession 0001493152-23-021999

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